Global Military Spending Tops $2 Trillion for First Time in History

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Global Military Spending Tops $2 Trillion for First Time in History
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'If global leaders actually care about charting a more secure future, then we need a massive realignment in spending priorities,' says FCNL as SIPRIorg reports total worldwide military spending topped $2 trillion for the first time ever last year.

"If global leaders actually care about charting a more secure future, then we need a massive realignment in spending priorities," said one prominent peace group.Global military expenditures surpassed $2 trillion for the first time ever last year, with the United States spending more on its war-making capacity than the next nine nations combined, according to new data published Monday.

Tori Bateman, policy advocacy coordinator at the American Friends Service Committee, a Quaker group, said that"this year, we've seen how military spending fails to keep us safe. It's shameful that governments, especially the United States, continue to destabilize our world with more weapons, while failing to address climate change, public health, and other true global crises."

U.S. funding for military research and development increased by nearly a quarter between 2012 and 2021, while arms procurement expenditures fell by 6.4% over that same period, a trend thatthat the United States is focusing more on next-generation technologies," according to SIPRI researcher Alexandra Marksteiner.

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